Currently, BTC has reached a historical high of $BTC . Looking back at this market trend, there has been no favorable news driving the futures rally. The end of the futures rally will accelerate the rise, and the release of positive news will cause retail investors to FOMO.
Therefore, one must not attempt to time the top or short the market. Currently, there are no resistance levels above to reference. When the market shows accelerated growth, a long upper shadow on the 4H chart accompanied by huge trading volume has a 90% probability of resulting in a pullback, and may even indicate a local top.
In the absence of negative news, our strategy remains to focus on pullbacks for long positions.